LEI: 213800FLQUB9J289RU66
3 February 2022
BATM Advanced Communications Limited
("BATM" or "the Group")
Clarification on FTSE Nationality Review
Further to the Group's announcement earlier today, BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, confirms and clarifies that the Group will continue to be traded on both the London Stock Exchange and the Tel Aviv Stock Exchange ("TASE"). BATM's shares will continue to be listed on the Premium segment of the Main Market of the London Stock Exchange plc, notwithstanding this Index re-classification.
Due to the Group's domicile in Israel, its dual listing on TASE and the volume of trading on that exchange, under the FTSE Russell Index rules, BATM, from the 21 March 2022, will, in all likelihood, no longer be eligible for inclusion in the FTSE UK Index Series (such as the FTSE All-share), but this does not affect the trading of the stock on either the London Stock Exchange or TASE, including all the indexes in TASE. Investors will continue to be able to trade BATM's shares as previously.
Enquiries:
|
BATM Advanced Communications | |
| Dr Zvi Marom, Chief Executive Officer | +972 9866 2525 |
| Moti Nagar, Chief Financial Officer | |
| | |
| Shore Capital | |
| Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)
| +44 20 7408 4050 |
| | |
| Luther Pendragon | |
| Harry Chathli, Claire Norbury | +44 20 7618 9100 |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
